402 E EUCLID Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48202
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20230018475
Originating Board Realcomp
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 33 x 120
Property Description
Great property for infill building located in Detroit's North End neighborhood. This property is bundled with 410, 416, 420, 426 E Euclid. A total of 5 lots. Totaling 18,390 sqft. Not sold separately. Buyer must submit a proposal to purchase, including construction plans or precedent agriculture images of proposed development & financing plan w/ POF OR Pre- App letter on a new construction loan. BATVIA. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. Please see attached documents for DLBA requirements and offer submission information.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction TAKE WOODWARD HEADED SOUTH PASS CHICAGO. MAKE LEFT ONTO EUCLID.
Exterior
View Y/N No
Schools
School District Detroit
Others
Tax ID 01002504.
Acceptable Financing Cash
Listing Terms Cash